# PPP loan: CJ GRONDIN ENTERPRISES INC.
> **$443K** approved 04/15/2020 · Paid in Full · Loan `2119587207`
## Borrower
- **Name:** CJ GRONDIN ENTERPRISES INC.
- **Address:** 155 W NEPESSING ST, LAPEER, MI, 48446-2102
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Jobs reported:** 104
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*